Recently, the TruePlay project, which is developing a blockchain platform for licensed gambling services, connected one of the first partners of the crypto casino FairPlay .
Using the functionality of the finished platform, FairPlay casino can now offer players not only to make bets in cryptocurrency, but also check the payout percentage in games with honesty control on the blockchain. This option implies that any user can view the records in the smart contract and see how many bets have been made and how many winnings have been received.
All transactions on deposits, rates, losses and winnings that pass on Fairplay are recorded in the blockchain, where it is impossible to change or delete data. Thus, the total percentage of winnings for each game is calculated, and providers can guarantee that their products actually work according to the stated algorithm.
So that all transactions can be easily traced in the blockchain, the TPLAY game cryptocurrency is used. The TPLAY tokens issued by the TruePlay platform are available to all players registered in the system. Users can replenish their balance and the conversion to TPLAY will happen automatically. While replenishment is possible on the air and Bitcoin, but the FairPlay team plans to expand the list of currencies soon.
Using the blockchain platform, FairPlay crypto casino can offer its users:
- Predefined series recorded in the blockchain – lottery results, jackpots pass through smart contracts
- Record all transactions – bets, wins, losses – in the blockchain, where any user can check the data
- Guaranteed payout percentage, which is calculated from the amount of bets and the amount of winnings recorded in the public register
In addition, thanks to the TruePlay platform, blockchain casinos can offer affiliates to work on an affiliate program, the transparency of which is also guaranteed by a smart contract. Affiliate program on the blockchain allows you to see the full statistics on the players listed and earnings. New partners make a profit of up to 60% and can track the income of their players by checking the data in the blockchain.
After connecting the first gambling project, TruePlay continues to work on improving the platform and is developing the T3 module, which will help to carry out the integration faster, as well as provide the providers with a set of tools necessary for accounting and auditing.
At the time of publication, TruePlay remains one of the very few work products that are based on blockchain technology and are ready to provide ready-made functionality for gaming services.
Publication date 03/03/2019
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